Startup firm Tool Stats provides cloud-based mold information

By Rhoda Miel
News Editor

Published: December 12, 2012 6:00 am ET

Related to this story

Topics Injection Molding, Molds/Tooling

WARREN, MICH. (Dec. 12, 1:15 p.m. ET) — New software startup Tool Stats aims to help toolmakers, molders and their customers streamline production by maintaining a central database of mold data.

Warren, Mich.-based Tool Stats provides cloud-based storage of key mold production information, which then allows users to access that information anywhere at any time.

Toolmakers or molders may have their own in-house tracking systems, said Business Development Manager Sean Brolley, but that information can be difficult to share. A cloud-based system could allow a mold maker to upload information from production tryouts of a new mold, and have that information immediately available to customers and others in the supply chain.

Tool Stats received financial backing from Proper Digital, part of Warren-based Proper Group International, although the company is a separate, stand-alone operation, Brolley said in a Dec. 11 telephone interview.

Elements of Tool Stats debuted earlier in 2012, including a matrix bar code that can be placed on every tool to allow users to scan the code with a smart phone and access information about the tool. The cloud-based storage system and an on-line database which launched in November take the digital information access even further.

Users of Tool Stats log vital details about each tool onto an off-site computer, where that information is protected behind a password-enabled log-in linked to the tool number and bar code. That central storage can house information such as design, processing parameters, component schematics, maintenance logs and manufacturing history.

For an auto industry user – where the tool is owned by an automaker, made by a mold maker, used by a molder who may then ship parts to another system supplier – each person in that supply chain could conceivably access details on the tool during its build, during prototyping or during full production.

“Tools are being transferred and shipped all over the world, and this would provide a standardized process to track them,” Brolley said.

During production, the molder can use Tool Stats to log regular maintenance and share that log if problems arise. Rather than take the tool out of production to send it somewhere if there are problems during its use, a toolmaker could potentially spot a problem just from the maintenance log and diagnose the needed repair quickly, he said.

Users can also import design information from Tool Stats to their own internal software programs so they do not need to enter data into two separate files. That should help toolmakers and molders if the mold is transferred to another site for repairs or production, Brolley said.


Comments

Startup firm Tool Stats provides cloud-based mold information

By Rhoda Miel
News Editor

Published: December 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Jarden hiring for new plastics plant

December 19, 2014 1:45 pm ET

Consumer products conglomerate Jarden Corp. is hiring plastics technicians for a new operation in Erlanger, Ky.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Quick-Start manifolds designed to complement Rheo-Pro hot runners.

December 17, 2014 6:00 am ET

MHS Mold Hotrunner Solutions of Georgetown, Ontario, has introduced the pre-engineered Quick-Start line of hot runner manifolds, designed to...    More

Mold maker I. Thibault plans to invest more capital in Mexico

December 16, 2014 1:03 pm ET

Canadian mold maker I. Thibault Inc. plans to invest more capital in its wholly owned Mexican subsidiary, which it started operating in the summer.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events